This is Garland Law Offices, P.A.'s Typepad Profile.
Join Typepad and start following Garland Law Offices, P.A.'s activity
Join Now!
Already a member? Sign In
Garland Law Offices, P.A.
Recent Activity
Image
“People often put off creating a will or estate plan because they want to avoid making difficult decisions or having stressful conversations with loved ones. The idea of death, money, and splitting possessions can create conflict. However, it doesn't have to be that way.” With a few exceptions, most people... Continue reading
Posted yesterday at Garland Law Offices, P.A.
Image
“It’s one of the biggest challenges faced by wealthy families: How to avoid the “silver spoon” syndrome with their children.” The same advantages that family wealth can provide to children, can also become a major impediment to maturation and productivity. To raise children that are able to understand that they... Continue reading
Posted 2 days ago at Garland Law Offices, P.A.
Image
“Burt Reynolds' will excludes his only son, Quinton Reynolds, and names his niece Nancy Lee Brown Hess the trustee for his estate.” According to TMZ, Burt Reynolds' sole child, son Quinton, 30, was left out of his will because Burt created a trust for him several years ago. The money... Continue reading
Posted 3 days ago at Garland Law Offices, P.A.
Image
“How you name beneficiaries can complicate an estate plan.” A senior with a $2.5 million estate, 85% of which is in brokerage accounts, has designated his two children as beneficiaries with per stirpes on all his accounts. His will does the same thing, so he can avoid the probate process.... Continue reading
Posted 4 days ago at Garland Law Offices, P.A.
Image
“Aretha Franklin’s death on Aug. 16 and the passing of Prince in April 2016 turned up one thing the entertainers shared in common. Both died without a will. According to experts, dying without a will creates mystery.” That’s not a mystery you want your family and loved ones to experience.... Continue reading
Posted 5 days ago at Garland Law Offices, P.A.
Image
“An increasing number of Americans are retiring overseas to capital cities that offer a culture-rich lifestyle, excellent infrastructure and top-class dining and entertainment—and an affordable price tag, according to Internationalliving.com.” A new report from International Living finds five international capitals, where a couple can retire on less than $37,000 a... Continue reading
Posted Oct 12, 2018 at Garland Law Offices, P.A.
Image
“Sometimes money is like technology. Getting stuff done—whether it’s updating an operating system or moving a bank account—often takes longer than it should.” Money chores can be time-consuming, but there are some that can be done a lot quicker than you may think. The Washington Post’s recent article, “Got an... Continue reading
Posted Oct 11, 2018 at Garland Law Offices, P.A.
Image
“If you're part of a married couple, it's highly likely that one of you will become a widow or widower at some point. You'll have lots of company: The U.S. now has 20 million widows and widowers, with 1.4 million added each year, according to an insightful study by Merrill... Continue reading
Posted Oct 10, 2018 at Garland Law Offices, P.A.
Image
“How do I talk to my grown children about how to handle the money they will inherit? How can I ensure the wealth will last for them and beyond?” Managing the discussions, expectations, and priorities concerning the transfer of wealth are important. CNN.com’s recent article, “How to plan for wealth... Continue reading
Posted Oct 9, 2018 at Garland Law Offices, P.A.
Image
“Elder abuse will get worse, as 10,000 people turn 65 every day for the next ten years.” With a growing number of retirees, older workers, and survivors, fragile older people are more susceptible to financial exploitation. Wealth Advisor’s recent article, “Elder Financial Abuse Will Get Worse As Americans Age,” reports... Continue reading
Posted Oct 8, 2018 at Garland Law Offices, P.A.
Image
“How to plan for your estate when you're entering into a second marriage.” Estate planning for spouses with children from a prior relationship can be difficult, as explained in an article from nj.com in the article “When you have kids, who should get inheritance from second marriage?” For example, if... Continue reading
Posted Oct 5, 2018 at Garland Law Offices, P.A.
Image
“A review of research from over the last six years, points to a persistent gender gap in both financial and investment understanding.” A review of research from over the last six years points to a persistent gender gap in both financial and investment understanding, according to a recent article by... Continue reading
Posted Oct 4, 2018 at Garland Law Offices, P.A.
Image
“When a student loan borrower dies, what happens when, depends on the type of loan.” If you’re the co-signer of student loans for a grandchild, are the loans callable, if either one of the signees dies unexpectedly? It depends, says nj.com, in its recent article, “What happens to student loans... Continue reading
Posted Oct 3, 2018 at Garland Law Offices, P.A.
Image
“As if dying isn't bad enough, imagine your ex (your no-good, lying, cheating ex!) rolling in all the money that you left behind. Even worse, your beloved family is fighting it out in court to get what they can. Time to update your estate plan, right?” Kiplinger’s gives us some... Continue reading
Posted Oct 2, 2018 at Garland Law Offices, P.A.
Image
“There are a number of options to consider when deciding when, and to whom, you would like your business to be transferred.” The Philadelphia Business Journal’s recent article, “6 savvy tips on business exit strategies for family businesses,” provides us with just that: six tips for family business exit strategies.... Continue reading
Posted Oct 1, 2018 at Garland Law Offices, P.A.
Image
Have You Decided on Your Long-Term Care Options? “70% of older Americans will need long-term care in their golden years.” With many of us getting older, we’re seeing an increased need for long-term care. Think Advisor’s recent article, “Making Sense of Long-Term Care Planning,” explains that many people don’t think... Continue reading
Posted Sep 28, 2018 at Garland Law Offices, P.A.
Image
What If You Discover Your Doc Doesn’t Do Medicare? “What happens when you sign up for Medicare, only to learn your all-time favorite doctor doesn’t accept it?” Let’s say you’ve been going to the same doctor for 30 years. She knows you inside and out (literally). Dr. Doe is totally... Continue reading
Posted Sep 27, 2018 at Garland Law Offices, P.A.
Image
All the Single Ladies (and Men): You Need a Will “Even if you're unmarried and without dependents, you should still have a will.” According to a recent survey from caring.com, 78% of millennials don't have a will. People put off this talk of death because it’s morbid and uncomfortable. However,... Continue reading
Posted Sep 26, 2018 at Garland Law Offices, P.A.
Image
Montana's Elder Exploitation Law is Too Vague, Judge Says “A state judge has ruled that Montana's elder exploitation law is too vague and doesn't require evidence of criminal intent to prosecute.” US News & World Report explains in its article “Judge Rule's State's Elder Exploitation Law Is Vague” that the... Continue reading
Posted Sep 25, 2018 at Garland Law Offices, P.A.
Image
Washington State AG Stops Trusts Mills “CLA Estate Services, Inc. and CLA USA, Inc. made millions deceptively selling estate-planning services and annuities, in a scheme targeting Washington seniors.” After a lawsuit filed by Washington State Attorney General Bob Ferguson, a King County Superior Court judge granted a preliminary injunction ordering... Continue reading
Posted Sep 24, 2018 at Garland Law Offices, P.A.
Image
“Many savings and investment accounts come with rules around when you can pull out your money. However, there are exceptions in which the penalty is worth the reward. There are times when you might be able to lessen the consequences.” You hear it all the time: “early withdrawal penalties apply.”... Continue reading
Posted Sep 21, 2018 at Garland Law Offices, P.A.
Image
“So, you’ve got a decently-sized nest egg building, your debts are paid off and your estate is more or less in order. You’re approaching the home stretch to retirement... Let’s not waste any more time—you’ve got money to maximize.” First, some good news: when you reach 50, you can begin... Continue reading
Posted Sep 20, 2018 at Garland Law Offices, P.A.
Image
“According to a Gallup poll, 51% of non-retired Americans don’t think they will have enough money to live comfortably in retirement.” While half of those Americans who aren’t retired believe they don’t have enough money to retire, 78% of those in retirement say they have enough money to live comfortably.... Continue reading
Posted Sep 19, 2018 at Garland Law Offices, P.A.
Image
“Many people think estate planning means deciding what happens to your things when you die. For that reason, many young families do not consider estate planning to be a priority. However, it may be one of the most important things that young parents can do!” A will or last will... Continue reading
Posted Sep 18, 2018 at Garland Law Offices, P.A.
Image
“Celebrities often provide the best examples of what can go wrong with an estate plan and how you can avoid major problems. That’s why the power of attorney could be the most important document in your estate plan.” We often idolize movie stars and celebrities, but very often they can... Continue reading
Posted Sep 17, 2018 at Garland Law Offices, P.A.